Due to vulnerability in Super Smash Bros Brawl stage builder code, a new bug was found by svpe and an exploit has been created by developer Comex. The exploit uses coding by Team Twiizers and just as the Twilight exploit would, this will allow ELF loading from the root of an SD Card
Because there isnt a way for Nintendo to patch games, it is currently not possible for Nintendo to block this exploit.
It is yet to be released, but I will be sure to update everyone when it does with a tutorial of how to use it safely. Until now enjoy the video.